Gross fixed capital formation (current LCU) in Bahamas
Bahamas: Gross fixed capital formation (current LCU) was 4.08 billion current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Bahamas, 1977–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Bahamas is 4.08 billion current LCU, measured in 2024. That is the highest value across all 47 years on record.
That represents a change of up 22.6% on the previous year and up 20.9% over ten years.
Over the whole period, gross fixed capital formation in Bahamas peaked at 4.08 billion current LCU in 2024 and was at its lowest, 81.30 million current LCU, in 1977.
Bahamas ranks 161st of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU) in Bahamas, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 81.30 million current LCU | — |
| 1978 | 85.90 million current LCU | +5.7% |
| 1979 | 135.30 million current LCU | +57.5% |
| 1980 | 212.90 million current LCU | +57.4% |
| 1981 | 238.90 million current LCU | +12.2% |
| 1982 | 298.70 million current LCU | +25.0% |
| 1983 | 310.70 million current LCU | +4.0% |
| 1984 | 326.50 million current LCU | +5.1% |
| 1985 | 407.80 million current LCU | +24.9% |
| 1986 | 425.20 million current LCU | +4.3% |
| 1987 | 508.10 million current LCU | +19.5% |
| 1989 | 877.90 million current LCU | +72.8% |
| 1990 | 811.37 million current LCU | -7.6% |
| 1991 | 790.59 million current LCU | -2.6% |
| 1992 | 812.40 million current LCU | +2.8% |
| 1993 | 659.62 million current LCU | -18.8% |
| 1994 | 787.95 million current LCU | +19.5% |
| 1995 | 872.29 million current LCU | +10.7% |
| 1996 | 999.17 million current LCU | +14.5% |
| 1997 | 1.78 billion current LCU | +78.2% |
| 1998 | 2.13 billion current LCU | +19.6% |
| 1999 | 2.13 billion current LCU | -0.1% |
| 2000 | 2.26 billion current LCU | +6.3% |
| 2001 | 2.11 billion current LCU | -6.6% |
| 2002 | 2.03 billion current LCU | -3.8% |
| 2003 | 2.04 billion current LCU | +0.5% |
| 2004 | 1.99 billion current LCU | -2.5% |
| 2005 | 2.57 billion current LCU | +29.0% |
| 2006 | 3.29 billion current LCU | +27.9% |
| 2007 | 3.12 billion current LCU | -5.1% |
| 2008 | 2.98 billion current LCU | -4.6% |
| 2009 | 2.67 billion current LCU | -10.2% |
| 2010 | 2.69 billion current LCU | +0.8% |
| 2011 | 2.86 billion current LCU | +6.0% |
| 2012 | 3.25 billion current LCU | +13.7% |
| 2013 | 2.97 billion current LCU | -8.7% |
| 2014 | 3.37 billion current LCU | +13.7% |
| 2015 | 2.79 billion current LCU | -17.2% |
| 2016 | 2.94 billion current LCU | +5.4% |
| 2017 | 3.29 billion current LCU | +11.9% |
| 2018 | 3.13 billion current LCU | -4.9% |
| 2019 | 3.21 billion current LCU | +2.6% |
| 2020 | 2.28 billion current LCU | -29.1% |
| 2021 | 2.80 billion current LCU | +23.0% |
| 2022 | 3.13 billion current LCU | +11.8% |
| 2023 | 3.33 billion current LCU | +6.1% |
| 2024 | 4.08 billion current LCU | +22.6% |
Bahamas compared with similar countries
- Bahamas's 4.08 billion current LCU is below the median for high income countries, which is 147.41 billion current LCU, 3% of the median. (64 countries reporting)
- Bahamas's 4.08 billion current LCU is below the median for Latin America & Caribbean, which is 200.44 billion current LCU, 2% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 100.83 million current LCU | 81.30 million current LCU | 135.30 million current LCU | 3 |
| 1980s | 400.74 million current LCU | 212.90 million current LCU | 877.90 million current LCU | 9 |
| 1990s | 1.18 billion current LCU | 659.62 million current LCU | 2.13 billion current LCU | 10 |
| 2000s | 2.51 billion current LCU | 1.99 billion current LCU | 3.29 billion current LCU | 10 |
| 2010s | 3.05 billion current LCU | 2.69 billion current LCU | 3.37 billion current LCU | 10 |
| 2020s | 3.12 billion current LCU | 2.28 billion current LCU | 4.08 billion current LCU | 5 |
Countries ranked near Bahamas
- 158 Suriname 4.50 billion current LCU compare
- 159 Malta 4.37 billion current LCU compare
- 160 Palestine 4.11 billion current LCU compare
- 162 Eritrea 4.01 billion current LCU compare
- 163 Jordan 3.33 billion current LCU compare
- 164 Kosovo 3.28 billion current LCU compare
- 164 Kosovo (UNSCR 1244) 3.28 billion current LCU compare
More economy & growth data for Bahamas
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9419 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.9 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 408.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.1038 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0076 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 298.62 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.93 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation in Bahamas?
- Gross fixed capital formation in Bahamas was 4.08 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Bahamas?
- The highest recorded value was 4.08 billion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Bahamas?
- The lowest recorded value was 81.30 million current LCU in 1977.
- How does Bahamas rank for gross fixed capital formation?
- Bahamas ranks 161st out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Bahamas?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.